R|T: The Retail Times – Instagram hides likes, promotes shopping

The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.

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Lightspeed expands Connect conference to Canada for first time (BETAKIT)

Lightspeed has announced the launch of its 2019 conference for independent retailers and restaurants, Lightspeed Connect, marking the first time the event is being held in North America.

Dell Technologies says it’s prepping customers for 5G and AI with new portfolio (ZDNET)

Dell Technologies has unveiled a handful of new solutions aimed at equipping customers with the tech required to take advantage of “transformative” trends including 5G, artificial intelligence (AI), cloud, and security.

Travel activity platform GetYourGuide is raising a big round, says €500M report is ‘inaccurate’ (TECHCRUNCH)

If/when it closes, this latest Series E would be a big leap in funding for the company, which had raised $170 million up to now.

10 new startup fashion brands in Toronto (BLOGTO)

The substantial growth of e-commerce and social media over the last few years seems to have created endless marketing opportunities for small businesses. Today, there’s huge potential for local labels to make waves—across the globe, no less.

Fine jewelry ecommerce company Mejuri closes $23 million USD Series B

With the new capital, Mejuri plans to expand its offline presence and broaden its scope beyond its largest consumer base Canada and the US, and invest in branding and customer experience, the company told TechCrunch.

Glovo raises $168 million to expand its on-demand ‘anything, anywhere’ delivery platform (VENTUREBEAT)

Glovo, an on-demand delivery startup headquartered in Barcelona, has raised €150 million ($168 million) in a series D round of funding led by Lakestar, with participation from Drake, Korelya, and Idinvest.

Shopify expands native ad options for online marketing (BETAKIT)

Shopify will soon be adding new native ad-buying functions for Facebook and Snapchat, as it looks to make it easier for merchants to access marketing campaigns through their online stores.

Warren Buffett’s Berkshire Hathaway finally bought a stake in Amazon (INC)

The legendary investor will hope lightning strikes twice: he made a massive $246 million – an 84 percent return in five years – on a previous investment in the e-commerce titan.

FutureMakers Talks: Transforming Delivery with DevOps (BETAKIT)

On May 15th, FutureMakers tackles the latest developments in DevOps. Get in FREE with the code “BetaKitPROMO”.

Instagram introduces shoppable influencers (NYTIMES)

The platform, with revenues that are still largely generated by advertising, has recognized the opportunity that in-app shopping presents.

Instagram wants to hide ‘likes.’ Here’s what influencers think about that

So what does it mean for influencers if Instagram suddenly hides all public “likes”? Global News asked Canadian influencers what they think, and if keeping their “likes” private is a good or bad thing for business.

Vue.ai raises $17M to equip online retailers with AI smarts (TECHCRUNCH)

Vue.ai, a U.S./India startup that develops an AI platform to help online retailers work more efficiently and sell more, has announced a $17 million Series B round.


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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